Common use of Renewable Purchase Obligation Clause in Contracts

Renewable Purchase Obligation. 6.8.1 Buying Entity may identify the energy procured from the Delivery Point to meet its renewable purchase obligations (as mandated by the Appropriate Commission). Provided that the renewable purchase obligation of Buying Entity shall be considered to be met by Buying Entity only if there is no payment default for such energy procured by Buying Entity and a certificate to such effect is provided by Buyer to Buying Entity.

Appears in 9 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

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Renewable Purchase Obligation. 6.8.1 Buying Entity may identify the energy procured from the Delivery Point to meet its renewable purchase obligations (as mandated by the Appropriate Commission). Provided that the renewable purchase obligation of Buying Entity shall be considered to be met by Buying Entity only if there is no payment default for such energy procured by b y Buying Entity and a certificate to such effect is provided by Buyer to Buying Entity.

Appears in 2 contracts

Samples: Standard Power Sale Agreement, Standard Power Sale Agreement

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